Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Central Banks

Sun, May 17, 2026 05:40 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Bank of Canada delivers 25 bps hike amid trade tensions, high probability for another rise in October

Jul 12, 2018 11:22 am UTC| Insights & Views Central Banks

The Bank of Canada (BoC) raised its benchmark policy rate to 1.5 percent, up from 1.25 percent on Wednesday as widely expected. It was the fourth rate increase in the last 12 months. After having cut rates aggressively...

BOC monetary policy decision: Assessing future bias

Jul 12, 2018 06:40 am UTC| Commentary Central Banks

Bank of Canada (BOC) at yesterdays meeting increased interest rates by 25 basis points after hiking thrice since last year. With yesterdays rise, overnight rate is now at 1.50 percent, bank rate at 1.75 percent, and the...

FxWirePro: The Day Ahead- 12th July 2018

Jul 12, 2018 04:33 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: Consumer inflation expectation declined to 3.9 percent in...

Bank of Canada hikes key monetary policy rate to 1.50 pct

Jul 11, 2018 18:45 pm UTC| Commentary Central Banks

The Canadian central bank, Bank of Canada hiked its key monetary policy rate to 1.50 percent today, the fourth hike in 2018. The central bank, in its statement, explained that the BoC struck a neutral to slightly hawkish...

FxWirePro: Scandis trade perspectives - Execute seagull strategy to stay long in NOK/SEK

Jul 11, 2018 12:50 pm UTC| Research & Analysis Central Banks

In order to find value in being long NOKSEK, the execution of seagull strategy is advised. The trading stance is motivated not just by cheap NOK valuations, but predominantly driven by the relative central bank reaction...

Bank Negara Malaysia keeps policy rate on hold, likely to maintain neutral tone for rest of 2018

Jul 11, 2018 12:42 pm UTC| Commentary Central Banks

Malaysian central bank, Bank Negara Malaysia kept its overnight policy rate on hold at 3.25 percent. The policy statement took note of the likely repercussions of an additional intensification in global trade tensions and...

UK May GDP data points to a pick-up in growth in Q2; Will it convince BoE for rate hike in August?

Jul 11, 2018 12:14 pm UTC| Insights & Views Economy Central Banks

UK GDP grew by 0.2 percent in the three months to May, the same pace as the first three months of the year. The monthly GDP estimate, a more volatile measure, showed growth of 0.3 percent during the month, up from 0.2...

281 282 283 284 285 286 287 288 289 290

Economy

China vs U.S. AI Race Shifts Toward Robotics and Manufacturing Power in 2026

The global competition for artificial intelligence dominance is no longer driven solely by computing power and advanced chips. A new Alpine Macro report released on May 12, 2026, argues that industrial scale, manufacturing...

Sterling Slides as UK Political Uncertainty Sparks Market Volatility

The British pound came under heavy selling pressure on Thursday after rising political uncertainty in the United Kingdom triggered a sharp increase in forex market volatility. Investors reacted swiftly to reports...

Fed Rate Hike Fears Return as Inflation Risks Reshape Global Market Sentiment

Institutional investors are becoming increasingly worried about rising inflation risks in the United States, while concerns over slowing economic growth continue to fade. A new Bank of America global FX and Rates Sentiment...

Samsung Strike Talks Resume as South Korea Weighs Emergency Action

South Korea is considering all available measures, including emergency arbitration, to prevent a potential labor strike at Samsung Electronics, according to Prime Minister Kim Min-seok. The government is aiming to minimize...

Australia Capital Gains Tax Reform Sparks Housing Market Debate

Australian Treasurer Jim Chalmers has strongly defended the federal governments proposed overhaul of capital gains tax laws, arguing that major reform is necessary to address Australias worsening housing affordability...

Politics

Russia Downs Hundreds of Ukrainian Drones in Largest Moscow Attack in Over a Year

Russia reported one of the largest Ukrainian drone attacks on Moscow and surrounding regions in more than a year, leaving at least four people dead and several others injured. The large-scale overnight assault targeted...

Colombia Election Violence: Two Campaign Workers for Abelardo De La Espriella Killed Ahead of Presidential Vote

Political violence in Colombia has intensified after two campaign workers supporting right-wing presidential candidate Abelardo De La Espriella were killed just weeks before the countrys 2026 presidential election. The...

Alex Saab Deported to U.S. as Maduro Investigation Deepens

Venezuelan official Alex Saab, a close ally of former President Nicolas Maduro, has reportedly been deported to the United States, according to Venezuelas migration agency SAIME. The move marks another major development in...

Taiwan Says U.S. Arms Sales Remain Key to Regional Stability

Taiwan reaffirmed on Saturday that U.S. arms sales remain vital to maintaining peace and stability in the Asia-Pacific region after President Donald Trump said he had not yet decided whether to approve a new weapons...

Amazon Faces Class-Action Lawsuit Over Trump Tariff Price Hikes

Amazon.com Inc. (NASDAQ: AMZN) is facing a proposed class-action lawsuit after consumers accused the company of inflating product prices due to tariffs later ruled unlawful by the U.S. Supreme Court. The case, filed in...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Samsung Union Talks Enter Final Stage as Strike Threat Looms

Samsung Electronics and its largest labor union are set to resume critical wage negotiations on Monday as both sides race to prevent a major strike that could disrupt South Koreas economy and global semiconductor supply...

SpaceX Shareholders Approve 5-for-1 Stock Split Ahead of Potential IPO

A majority of SpaceX shareholders have reportedly approved a 5-for-1 stock split proposed by the companys board, according to a Bloomberg News report published Friday. The decision comes as interest continues to grow...

FTC Antitrust Probe Targets Arm Holdings Over Chip Licensing Practices

Arm Holdings Plc (NASDAQ: ARM) is reportedly under formal investigation by the U.S. Federal Trade Commission (FTC) over concerns tied to its semiconductor licensing business, according to Bloomberg. The probe marks a...

Applied Materials Forecasts Strong Q3 Revenue as AI Chip Demand Accelerates

Applied Materials posted record fiscal second-quarter revenue on Thursday and issued a stronger-than-expected forecast for the third quarter, fueled by rising global investment in artificial intelligence infrastructure and...

Anthropic Nears $30 Billion Funding Round at $900 Billion Valuation

AI startup Anthropic is reportedly close to securing a massive $30 billion fundraising deal that would value the company at approximately $900 billion, according to a Financial Times report published Friday. The new...